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Wed 17 May 2006, 7:34 Matodzi Resources Limited - Further Cautionary Ann
MTZ
 MTZ                                                                             
Matodzi Resources Limited - Further Cautionary Announcement                     
MATODZI RESOURCES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1933/004523/06                                              
Share code: MTZ ISIN: ZAE000042412                                              
("Matodzi" or "the Company")                                                    
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Shareholders are referred to the cautionary and renewal of cautionary           
announcements, the first of which was published on 12 April 2005, and are       
advised that the discussions referred to in those announcements are continuing. 
As these discussions may affect the price of the Company"s shares, shareholders 
are advised to exercise caution when dealing in their shares until such time as 
a further announcement in this regard is made.                                  
Johannesburg                                                                    
16 May 2006                                                                     
Sponsor                                                                         
Sasfin Capital                                                                  
A Division of Sasfin Bank Limited                                               
Date: 17/05/2006 07:34:47 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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